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3 years ago

Economics is about allocating resources for doing which of the following processes involving goods and services

1 answer:

3 0

Economics is about allocating resources for doing which of the following processes involving goods and services? Production and Distribution. When referringto economics, distribution is defined as how output, income and/or wealth is distributed among individuals or facts related to production. Both of these relate to one another and and involve goods and services to produce income.

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The primary purpose of the requirements analysis phase is to ________. eliminate obviously nonsensible projects before forming a

gavmur [86]

The primary purpose of the requirements analysis phase is to determine and document the specific features and functions of the new system. It does not eliminate obviously nonsensible projects before forming a project development team. Identify the requisite skills needed or show personnel assigned to the project or investigates how much similar projects have cost in the past.

5 0

3 years ago

Factory Overhead Rates, Entries, and Account Balance Eclipse Solar Company operates two factories. The company applies factory o

Anvisha [2.4K]

Answer:

Predetermined manufacturing overhead rate= $14.8 per machine hour

Explanation:

Giving the following information:

Factory 1

Estimated factory overhead= $18,500,000

Estimated machine hours for year 1,250,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 18,500,000/1,250,000

Predetermined manufacturing overhead rate= $14.8 per machine hour

8 0

3 years ago

Although conflict is likely to occur in any supply chain, it is generally more pronounced whena. Retailers pressure manufacturer

Andrews [41]

Answer:

The answer is letter C.

Explanation:

The supply chain members are independent entities.

Because when the members of a supply chain are independent entities, the risks of conflicts related to goals, expectations, are bigger. Each one of them have their own agenda, so that is the main reason.

6 0

3 years ago

Ceteris paribus, equilibrium price and quantity would both increase at the same time as a result of (2pts) Question 48 - Ceteris

djyliett [7]

Answer:

The correct answer is: the rightward shift of the demand curve.

Explanation:

Assuming the supply curve has not changed, shifts in the demand curve reflect changes in the equilibrium price and the quantity demanded. If the demand curve moves to the right, both the equilibrium price and the quantity increase. If the demand curve moves left, the equilibrium price and the quantity decrease, ceteris paribus.

8 0

3 years ago

Classical economist David Hume observed that as the money supply expanded after gold discoveries it took some time for prices to

Alchen [17]

Answer:

a. the prices should have risen, but production should not have changed.

Explanation:

In the case when the money supply is expanded after considering the discoveries of gold so here the prices are increased due to which the economy as the higher employment and the production level. But it is not consistent with the monetary neutrality as the prices are increased but the production level remain same or unchanged

5 0

3 years ago